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Formed, to date, the positive vector of the Russian economy and the development of the Sakha Republic (Yakutia) create favorable opportunities for foreign investor to participate in unique projects and invest their capital. Russian government is moving away from direct economic management functions and as a result a large number of state enterprises are being privatized, and private investors are chosen to finance new projects.

 
Major companies to be partially privatized:
 
  • RusHydro – Revenue: $14.9 Billion USD (2010)
  • Sovcomflot – Revenue: $1.6 Billion USD (2008)
  • VTB Bank– Revenue: $5.9 Billion USD (2010)
  • FSK – Revenue: $4 Billion USD (2010)
The number of projects constantly grows, consequently grows the need for their funding. According to the approved long-term development plan of the Sakha Republic (Yakutia) - "Scheme - 2020", the amount of investment needed to finance major projects in Yakutia is estimated at $154 billion USD. It is expected that the bulk of these investments (76%) will come from private investors.



To achieve these objectives the Government of the Sakha Republic (Yakutia) is working to create a favorable investment climate in the region.

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